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What Is KPI in Property Management?

BetterWho

In this guide, well walk through the most important KPIs, why they matter, and how a property management coach or consultant can help you implement them effectively. Occupancy Rate This tells you how many of your rental units are currently leased. Days on Market How long it takes to fill a vacant unit.

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How to find the best rental property accounting software for landlords

Buildium

Rental property accounting software offers landlords a practical way to handle these financial tasks. Whether you own a single rental unit or a large portfolio of properties, accounting software can help you manage your finances more effectively, reducing the stress associated with manual record-keeping.

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What Can Void a Notice to Quit in PA?

Bay Property Management Group

Main Takeaways Here’s what can void a notice to quit in PA: Improper Delivery or Notice Errors A notice must be personally delivered or posted at the rental unit. Of course, it’s always a best practice to consult a lawyer to get their definitive opinion. What Is a Notice to Quit?

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What Is Phrogging in Real Estate?

Bay Property Management Group

Its more common than you might think and can happen even in vacant rental units. Sometimes, it even happens in rental units that are sitting empty between tenants. As such, it’s crucial to review your policy and consult your provider to understand how they handle these situations.

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How to Keep Your Tenants Safe

American Apartment Owners Association

Legal responsibilities of a landlord Warranty of Habitability: Every lease or rental agreement includes an implied warranty of habitability, which means the premises are suitable for human occupancy. Suspicious Activity: Most leases have a provision banning illicit actions inside rental units.

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Meet the Experts: AAOA Rental Housing Conference 2024 Speaker Lineup

American Apartment Owners Association

Scott Varney Tax Strategist, SV Consultants Scott Varneys unique perspective combines his experience as a top-producing real estate agent with his deep understanding of financial services. She’s not just a debt provider; she’s a strategic consultant. Tracey Merrell, Esq.,

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11 Steps to Take Before and During Leasing Season to Maximize Profit and Efficiency

Appfolio

Failure to comply with these new changes can result in a possible lawsuit, so it’s important to stay up to date on all rental requirements. Be sure to check federal and state resources online or consult an attorney if you’re unsure about what needs to be updated. During Leasing Season. Stay on Top of Pricing.

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